Ethereum Sets Fresh High, Edges Toward $5,000 After Powell’s Dovish Jackson Hole Speech

Ethereum climbed to a new record over the weekend, edging closer to the $5,000 mark, after Federal Reserve Chair Jerome Powell signaled rate cuts that fueled a broad rally in risk ￰0￱ second-largest cryptocurrency hit $4,954.81 on Sunday, marking its first all-time high since ￰1￱ Monday, it was trading slightly lower at $4,776.46, still up nearly 15% from Friday’s ￰2￱ surge came as crypto markets cheered Powell’s remarks at Jackson Hole , where he hinted that interest rates could soon be ￰3￱ prospect of looser policy lifted equities and digital assets alike, with Bitcoin rising 4% on Friday and Ether leading the rally. $ETH looks ready to hit $5K really ￰4￱ that, Ethereum will take a break before the next leg up. $10,000+ ETH is coming this cycle and there's nothing stopping ￰5￱ — Ted (@TedPillows) August 24, 2025 Powell’s Jackson Hole Comments Spark Surge In September Cut Expectations Trump has publicly pressured Powell for months to cut rates, with the president criticizing him in June as “a political guy who’s not a smart person.” Powell’s comments shifted market expectations sharply, with CME FedWatch data showing an 87% chance of a September cut, up from 75% just a day earlier.

Ethereum’s run has been bolstered both by macro factors and by structural shifts within the crypto ￰6￱ treasuries have swelled, with corporate accumulators and ETFs driving ￰7￱ from Strategic ETH Reserve shows 10.6m Ether, worth more than $50b, now locked across entities and ￰8￱ the largest holders is Bitmine Immersion Tech , which recently added $45m worth of ￰9￱ firm, chaired by Wall Street veteran Tom Lee, now controls 1.5m ETH, worth over $7b. Other top entities include SharpLink Gaming with 740,800 ETH and Coinbase with 136,800 ￰10￱ Spot Ether Funds See Inflows With Zero Outflows Reported Spot Ethereum ETFs recorded net inflows of $341m on Friday, with none of the nine funds posting outflows, according to market ￰11￱ accumulation shows the changing market ￰12￱ has consistently held above $4,000 this month, a level it repeatedly failed to breach since ￰13￱ Bitcoin, which slipped 1.3% on Monday to $113,441, Ether has led the market’s momentum in recent ￰14￱ Now Priced Like Equities As Investors Embrace Rate Sensitivity Regulatory shifts have also supported the rally.

A more favorable environment for stablecoins and institutional adoption has drawn traditional finance firms into ￰15￱ point to growing use of the blockchain for settlement, tokenization and DeFi protocols as adding to its long-term ￰16￱ Cooper, chief operating officer of Ava Labs, said Powell’s stance was crucial. “Any cuts in rates are great for the crypto markets since lower rates increase money flow into riskier assets like crypto,” he ￰17￱ added that Powell has long shown an interest in blockchain, suggesting his outlook carries weight beyond monetary ￰18￱ argued the real story is how crypto markets now move with traditional risk assets. “Gone are the early days when people believed crypto operated independently of macro factors,” he said.

“The fact that crypto now wants rate cuts because they boost prices shows it is being priced like regular equities.” Fed Minutes, ETF Outflows, Tariff Uncertainty Weigh On Bitcoin Meanwhile, Gadi Chait, head of investment at Xapo Bank, said Bitcoin’s pullback was not unusual. “Short-term swings like this are expected; they’ve long been a feature of the asset,” he ￰19￱ one likely came from hawkish Fed minutes, ETF outflows, and uncertainty around tariffs and geopolitics, he ￰20￱ Ethereum, however, the weekend’s breakout marks an important ￰21￱ its price near $5,000 and corporate treasuries expanding, the token has reasserted itself as the driver of crypto momentum.